OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market, represented in 22 countries and headquartered in Arendal, Norway.Finn Amund Nordbye CEO of OSM Thome said: 'This is a big day for OSM Thome…
Norway's HAV Group has completed the acquisition of Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels. The consideration for the purchase includes a non-material cash amount and 250,000 shares in HAV Group ASA, valued at NOK 14…
The PGE Group and Ørsted have awarded an engineering, procurement and construction (EPC) contract for four 375 MW offshore substations for the Baltica 2 project in Poland to a consortium consisting of Semco Maritime and PTSC Mechanical & Construction…
Denmark-based engineering and contracting group Semco Maritime has agreed to acquire German firm Wind Multiplikator, specialized in managing offshore wind farms and projects and providing engineering and consulting services.The transaction also…
U.K. based vessel owner and operator Bibby Marine announced it has appointed Howard Woodcock as non-executive director.Howard has more than 35 years’ experience across the maritime and offshore energies sectors, having held senior executive…
John Wood Group said on Tuesday it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management Inc, citing that the offer undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6…
Houston-based firm SCF Partners has acquired Abedeen-based engineering, procurement and construction (EPC) service provider Global E&C, from Global Energy Group for an undisclosed sum.Global E&C employs more than 1,000 people, with more than…
Espen Thomassen - ©ScanaOslo-listed maritime and offshore services provider Scana has appointed Espen Thomassen as the chief commercial officer.He comes from the role of Director, Head of Commercial - Norway in legacy Maersk Drilling, now Noble Corp…
Boston Consulting Group (BCG) a consultancy and advisor on decarbonization to the maritime industry, and maritime classification society American Bureau of Shipping (ABS), have signed a memorandum of understanding to combine their technical…
Israel granted Energean permission to start production at the offshore Karish gas field on Tuesday, an Energy Ministry statement said.Energean has said its floating production storage and offloading vessel [the Energean Power - OE ] is due…
Norway-based Kongsberg Group said Thursday it had set up Kongsberg Renewables Technologies to strengthen the group's offering and presence within the renewables sector. Geir Håøy, CEO of Kongsberg, said: 'Kongsberg is a leading global ocean…
Danish energy industry engineering services firm Semco Maritime said Tuesday it had appointed Martin Oehlenschlæger (43) as CFO and member of the Executive Board on 1 October 2022, reporting to CEO Steen Brødbæk. He will succeed Jørgen Devantier…
French tech company Groupe Gorgé on Thursday announced it has finalized its acquisition of iXblue.Notably, the deal brings together iXblue and ECA Group, creating a European high-tech industrial leader in the fields of robotics, maritime, navigation…
Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026…
Low Earth orbit (LEO) satellite communications company OneWeb and smart network solutions provider Marlink have joined forces to bring OneWeb’s high-speed, low latency connectivity to the maritime, energy, enterprise and humanitarian sectors…